32 Main St., Potsdam, NY 13676
- Added:
- Sep 12, 2024
- Days on Market:
- 637
- Last Refresh:
- Jun 10 at 11:06 am
Property Features for 32 Main St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 5
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Covered porch, Outdoor lights
- Standard status
- Active
- APN
- 64.059-11-16
- Size
- 3,115 SF
Taxes and HOA fees
- Tax Annual Amount
- 5567
Utilities
- Utilities
- Cable Available
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Metal
Listing agent Nikki Coates License #10491202119 (315) 265-4303
Listing office Nikki Coates & Associates LLC 30 Main St., Potsdam, NY (315) 265-4303
Listing date Sep 12, 2024
Copyright © 2026 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Centrally located multi‑unit property within walking distance to SUNY and Clarkson
- Effective year built is 1950, with major renovations and updates since 2013 including porches, bathrooms, and a 3 BR renovation
- Metal roof installed/updated as part of renovations; exterior includes covered porch and outdoor lights
- Multiple units include a 1 BR with natural woodwork and open floor plan plus a new bathroom, and a 2 BR with a new private porch
- Upstairs offers a recently renovated 3 BR connected to an attic studio
- Public water and cable available; parking for several cars; leases in place through May or July 2026
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $9.24 |
| − Vacancy | −$6.0k | −$1.94 |
| EGI | $22.7k | $7.30 |
| − OpEx | −$6.8k | −$2.19 |
| NOI | $15.9k | $5.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Potsdam
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.9838385
- Latitude
- 44.668919
